homeownership

New program puts Black real estate agents at forefront

The National Association of Real Estate Brokers has announced the creation of its Black Real Estate Agent program to provide financial, educational, and career support for aspiring Black real estate agents. Black Americans represent less than 6% of all real estate professionals, according to the Census Bureau.

The post New program puts Black real estate agents at forefront appeared first on HousingWire.

Housing, civil rights groups ask Congress for $25B

A partnership of more than 350 housing and civil rights organizations reached out on Monday to congressional leaders advocating for further relief for homeowners in the next COVID-19 stimulus package.

The post Housing, civil rights groups ask Congress for $25B appeared first on HousingWire.

President Biden could reduce FHA mortgage insurance premiums. Here’s what it means for you

Many mortgage pros believe President Biden will cut FHA mortgage insurance premium (MIP) rates. Here’s what that means for you.

Real Estate Agents Can Post Home Virtual Tours to Redfin.com

Any real estate agent can now post a video tour of home they’re selling to Redfin.com. We help buyers discover these homes with virtual tour map icons, banners and filters.

Fannie Mae reports rising confidence in housing market

Following two months of steady declines, Fannie Mae’s housing market confidence index rose 3.7 points in January to 77.7.

The post Fannie Mae reports rising confidence in housing market appeared first on HousingWire.

6 Smart Ways to Build Home Equity

Want to create wealth through homeownership? Build equity.

Mortgage and refinance rates today, Feb. 6, and rate forecast for next week

Today’s mortgage and refinance rates  Average mortgage rates inched higher yesterday. And that meant we’ve seen four rises and one fall this week. It’s not a great outcome. But each […]

Homeownership Rising Despite Seasonal Volatility

Posted To: MND NewsWire

The homeownership rate fell in the fourth quarter down 1.6 percentage points from its third quarter level but remained higher than in the same quarter in 2019 . The U.S. Census Bureau said the rate, 65.8 percent, was up from 65.1 percent a year earlier. The national rate had topped 69 percent at several points during the housing boom in 2004 and 2005 before retreating. It declined steadily through the Great Recession and into the recovery, reaching a low of 62.9 percent in the second quarter of 2016. Homeownership is consistently highest in the Midwest, and that region posted an annual increase of more than a point in the fourth quarter to 70.8 percent. The South was second at 67.7 percent, also a point higher year-over-year. The rate was 62.6 percent in the Northeast and 60.4 percent in the…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.